"Finally, A Profitable Way to Fill Up Your Backyard!"

"Finally, A Profitable Way to Fill Up Your Backyard!"

It’s widely understood that there's a scarcity of modest and affordable housing in pretty much every major city in California. Factors such as expensive land, labor shortages, high construction costs, and difficulty in obtaining permits have resulted in a situation where only sky-high rents and home prices can offset the cost of doing business. With those considerations in mind, California lawmakers recently started to ease restrictions on alternative housing options to help relieve some pressure on the State’s rapidly declining middle class. And one such option, commonly referred to as ADU’s (Accessory Dwelling Units), have experienced a surge in popularity as homeowners look for creative ways to generate additional income right from their own backyards.

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"What's the Deal with Lumber?"

"What's the Deal with Lumber?"

Ask any homebuilder developer what they think are the 2 biggest risk factors affecting future housing projects and many will include a shortage of land and lumber. Wait, lumber (like, wood)?!? Yes, lumber. Current prices are more than 4 TIMES what they were a year ago at about $1,500 per 1000 feet versus $330 last May. Take a look at live futures prices HERE.

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